About Modon
Since its establishment in 2001, Modon has been undertaking the development and supervision of industrial lands and integrated infrastructure. Today, it oversees 36 existing and under development industrial cities across the Kingdom, in addition to private industrial cities and complexes. Modon succeeded in raising the area of developed industrial lands until now nearly 200 million m² . These cities manage 6,587 industrial and investment contracts and more than 4000 factories between producer, existing and under construction and establishment, employing 517,242 male and female employees – including 185,840 Saudi men and 16,825 women.
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Modon operates according to a clearly-defined strategy to fully utilize all the benefits of government-private partnerships. It successfully offered many incentives in industrial cities, thereby attracting leading international industrial companies as well as foreign investments that add value to the Saudi industry sector. Modon also made great progress in its internal partnerships and attracted more than SAR 370 billion in investments to date.
In the midst of the ongoing global industrial transformation, Modon formulated many mechanisms to stimulate the participation of small and medium enterprises, entrepreneurs, and major local companies in the Kingdom’s industrial development, thereby contributing to the realization of Vision 2030’s industry-dependent economic diversification goals.
Modon’s strategy to enable the industry and contribute to increasing local content relies on developing more services and products is centered around an innovative vision that meets the requirements of private sector partners and enhances their participation in economic diversification in line with Vision 2030. This includes its initiatives in the National Industrial Development and Logistics Program (NIDLP) as well as the provision of many products, such as industrial lands with developed infrastructure and services, and service lands allocated for investment in the development of facilities and services, prefabricated factories that have between 700-1,500 square meter in area, and logistics solutions distributed in the Kingdom’s main provinces. Modon launched the "Land and Industrial Loan" and "Factory and Loan" product in cooperation with the Saudi Industrial Development Fund (SIDF), and "Osos" in cooperation with the Social Development Bank (SDB).
Finally, Modon fosters the highest levels of quality and institutional excellence to achieve the expected outcomes of its strategy, which seeks to develop model industrial cities that utilize innovative technologies to meet the needs of partners and enhance their satisfaction, and as well as support the growth of small and medium enterprises and entrepreneurs.
